MATIC price rebounds from the $0.52 mark.
The current rally is testing the short-term resistance trendline.
A successful trendline breakout could propel MATIC towards $0.60.
Year-to-Date, MATIC has dropped by 25%, trading at a significant 64% discount from its 2023 peak of $1.56.
Polygon (MATIC) finds strong support at $0.52, preventing a further decline to $0.50.
A demand zone is forming at $0.52, hinting at a double bottom reversal with a target at the $0.62 resistance.
MATIC forms a morning star pattern at $0.52 and has risen by 2.59%.
The price action at $0.52 suggests a higher likelihood of a breakout.
The 4-hour chart reveals a descending triangle pattern for MATIC.
Technical indicators, including MACD and RSI, are bullish.
A breakout above $0.60 could set MATIC on a path to $0.80.
A bearish turn threatens the $0.52 support, with potential drops to $0.48 and $0.45.
The current rally is testing the short-term resistance trendline.
A successful trendline breakout could propel MATIC towards $0.60.
Year-to-Date, MATIC has dropped by 25%, trading at a significant 64% discount from its 2023 peak of $1.56.
Polygon (MATIC) finds strong support at $0.52, preventing a further decline to $0.50.
A demand zone is forming at $0.52, hinting at a double bottom reversal with a target at the $0.62 resistance.
MATIC forms a morning star pattern at $0.52 and has risen by 2.59%.
The price action at $0.52 suggests a higher likelihood of a breakout.
The 4-hour chart reveals a descending triangle pattern for MATIC.
Technical indicators, including MACD and RSI, are bullish.
A breakout above $0.60 could set MATIC on a path to $0.80.
A bearish turn threatens the $0.52 support, with potential drops to $0.48 and $0.45.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.